Wednesday, March 21, 2012

INFLATION

In the 1930's: 5 cents bought a loaf of bread, 10 cents a gallon of gas, 75 cents a T-Bone steak dinner, $15.00 a used car. $1.00 could feed a family of 8 for a day. All other food and commodities were prices respectively. In 2012, gas is almost $4.00 a gallon, my Aldi bottom-of-line bread 79 cents a loaf, I can feed two senior citizens for about $7.00 a day and beef is priced out of my ethics. Enough said.

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